The Data Center Build-Out Is Accelerating. Here Are 3 Stocks to Buy Beyond Chips
2 Articles
2 Articles
The Data Center Build-Out Is Accelerating. Here Are 3 Stocks to Buy Beyond Chips.
Key PointsGrowing investment in AI is benefiting companies supplying networking, cloud infrastructure, and cooling systems for data centers.Astera Labs and Vertiv are experiencing robust demand for fast networking and power management systems.CoreWeave's revenue more than doubled last quarter, and the company has a huge $100 billion backlog.10 stocks we like better than Astera Labs › Nvidia, the leading supplier of chips for data centers, report…
The Data Center Build-Out Is Accelerating. Here Are 3 Stocks to Buy Beyond Chips
Nvidia, the leading supplier of chips for data centers, reported a 92% year-over-year revenue increase in its data center segment last quarter. "The build-out of AI factories is accelerating," chief financial officer Colette Kress said on the company's earnings call in May. For investors, Nvidia's…
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